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Monthly Archives: June 2019

IMO’s Gender Program in Spotlight

In a year when promoting and empowering women is a dominant theme throughout the maritime community, International Maritime Organization (IMO) hosted a special event at the Nor-Shipping exhibition (6 June) to highlight the some of the challenges…
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CSSC CMC Wins MED Certificates from DNV GL

The international accredited registrar and classification society DNV GL announced the award of three Marine Equipment Directive (MED) certificates to the China State Shipbuilding Corporation Marine Technology Co., Ltd. (CSSC CMC).The MED module B cert...
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Austria’s OMV, Russia’s Gazprom Sign Pact

Austrian integrated oil and gas company OMV and Russian energy giant Gazprom have signed a Memorandum of Understanding (MoU) for cooperation on Liquefied Natural Gas (LNG).The two companies had previously agreed that Gazprom will supply 1.2 billion cub...
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Chinese, Russian Majors Ink Arctic LNG Deal

Russia's second largest natural gas producer Novatek, Russian maritime shipping company specializing in petroleum and LNG shipping Sovcomflot, Chinese state-owned shipping and logistics services supplier company COSCO Shipping Corporation Limited…
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Chinese Buyers Leave US LNG

Chinese buyers have avoided US LNG projects even before the tariffs hiked to 25%, said a report by  Rystad Energy.Despite the Chinese tariffs, there is still appetite for US LNG from other countries. Since the first tariff of 10% was introduced on US L...
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No Navigation Risk from Sunk Ship: MPA

The wreck of the Dominica-flagged supply vessel, OCEAN COOPER 2 that sank near Pedra Branca does not pose a risk to the safety of navigation in the area, the Maritime and Port Authority of Singapore (MPA).According to MPA, capsized and sank…
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DSCT Loan for CNC Pipe-bending Machine

As part of its commitment to accelerate transformation in the South African shipbuilding industry, Damen Shipyards Cape Town (DSCT) has recently helped to empower Africa Projects Consultants; a small, 100% black-owned business focused on the shipbuildi...
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Port of Virginia Posts its Busiest May

Record cargo volumes are moving across The Port of Virginia and doing so with efficiency as a result of expanded container handling capacity at its two primary container terminals.In May, the port processed nearly 261,000 TEUs (twenty-foot equivalent…
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